The old "Denormandie" is on schedule - Monitor

Two decrees concerning the "old Denormandie", the rent of investment resources in the old property, should be published next week, indicates the ministry of the city and housing.

The old Denormandie & # 39 ;, the tax system introduced by the Finance Act for 2019, is about to be applied. Two decrees concerning the nature of the work to be carried out and the scope of application must be published in the Official Journal "Short" Thursday 7 February 2019 announced the entourage of Julien Denormandie, Minister of the City and Housing. "They are completed and must be published on Monday or Tuesday," said the ministerial team. What do professionals meet, who welcome this tax assistance.

As a reminder, this tool is meant to to encourage the renovation of homes by giving the private investor a tax reduction (from 12 to 21%) provided he does heavy work (at least 25% of the total cost of the acquisition up to a maximum of 300 000 €) and he rents the house for 6 to 12 years of households under income conditions and against a fixed rent.

More than 270 cities involved

At the beginning of next week, an order must determine the category of work to be performed. "Housing in all casese must no longer be an energy sieve, that is, have a label F or G. Then the work must also improving the energy performance of homes with at least 30% in the individual and 20% in the collective represent two types of work on a bouquet of five ", Continue with the ministry.

The work packages are: attic insulation, boiler change, wall insulation, exchange of hot water production or window insulation. "The work has to be done by qualified professionals RGE Adds the operation.

"Old Denormandia" is applicable in the 222 cities of the Action coeur de ville program "Added to that fifty cities who benefit from the national program for the re-qualification of old damaged neighborhoods (PNRQAD). These are cities with fewer than 100,000 inhabitants outside zone A and Abis (the most tense areas, Ed).

The rental levels are the same as for the Pinel scheme, as is the ceiling for the tenants.